“Opportunity is where you find it; it doesn’t find you.”
Notes for Tonight’s Newsletter:
Crude Oil and E-Mini S&P are bullish this evening, while the Gold and Euro are bearish with trading-ranges to watch for tomorrow… this is going to be a BIG week of opportunities… are you ready?
Crude Oil is bullish this evening with a clear sign of strength from the buyers in the form of a 'spike & channel'. We know the best opportunities to buy will come after a deep correction, as low as 45.52.
E-mini S&P is bullish trading in the middle of a wide bull-channel which tells us to focus on buying the lows of the channel using channel 'rotation' as our main priority.
Gold is clearly sideways with a hint of bearishness this evening; the trading range tells us two important clues - rotation and failures. Our objective will be trade along with the range-rotation from low up to high while 'fading' all breakouts until one side takes control.
Euro is clearly bearish this evening and we can see an easy bear-channel to tell us where the best entries and exits will be using 'rotation' but we also can’t deny the hidden range that MAY be able to hold off these sellers and send this price higher if the buyers have their way on Tuesday.
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